3. I have never stated anywhere that most of the coin is distributed to foreigners. Actually I believe the opposite, though some foreigners might hold some large bags. If Auroracoin gets good adoption in Iceland and the price gets right, those coins will find their way back to Iceland one way or another and so what if those bagholders made some profits on it. Good for them. That doesn't mean that the Icelanders who will buy these coins from them are loosing something.
Lets not kid ourselves on this point. Foreigners do hold most of the coins. The team is made up of foreigners except for the foundation and I doubt they doing all this work if they hold less then 10 000 coins each.
Kenchanyu, Biomike , LTEX must have over 1 million between them.
I still think this coin is going to be a great success but be real on this point.